China’s Q3 GDP Grows at 6.7% y/y for Third Straight Quarter
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The Chinese economy expanded at an annual rate of 6.7% in Q3 2016, putting it firmly on track to meet the government’s full-year target of at least 6.5% growth. But concerns are mounting that the rate could fall as officials try to cool an overheated property sector, a traditional motor of the country’s economy.
The following graph, based on data released by the National Bureau of Statistics of China, shows China’s GDP growth quarterly (y/y) from 2006 through Q3 of 2016.
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